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Bond Market News

Nissan Raises $2bn via Four-Trancher

March 5, 2021

Investment Grade Bonds

Nissan Motor Acceptance Corp (NMAC) raised $2bn via a four part deal. Details of the issuance are given below:

Proceeds will be used for general corporate purposes. Ultimate parent Nissan Motor is the keepwell agreement provider. NMAC is a wholly-owned subsidiary of Nissan North America, which is a wholly owned subsidiary of Nissan Motor.

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